Israel Corporation Ltd
Israel Corporation Ltd., often referred to as Israel Corp, is a prominent Israeli holding company headquartered in Tel Aviv, Israel. Founded in 1961, it has established a significant presence in various sectors, including energy, chemicals, and shipping. The company operates primarily in Israel and has expanded its reach to international markets, enhancing its global footprint. Israel Corp is renowned for its diverse portfolio, which includes core products and services in the fields of energy production, specialty chemicals, and shipping logistics. Its unique approach to innovation and sustainability has positioned it as a leader in the industry. Notable achievements include strategic partnerships and investments that have bolstered its market position, making Israel Corporation a key player in the global economy.
DitchCarbon Score
How does Israel Corporation Ltd's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Israel Corporation Ltd's score of 10 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Israel Corporation Ltd's reported carbon emissions
In 2022, Israel Corporation Ltd reported total carbon emissions of approximately 231,000 kg CO2e, comprising 64,000 kg CO2e from Scope 1, 19,000 kg CO2e from Scope 2, and 148,000 kg CO2e from Scope 3 emissions. This marked a significant increase from 2021, when total emissions were about 140,000 kg CO2e, with Scope 1 emissions at 58,000 kg CO2e, Scope 2 at 17,000 kg CO2e, and Scope 3 at 65,000 kg CO2e. In 2020, the company reported total emissions of around 137,000 kg CO2e. Israel Corporation Ltd has set ambitious near-term reduction targets. For Scope 1 emissions, the company aims to decrease emissions from 283.15 kg CO2e in 2022 to 256.08 kg CO2e in 2023, achieving a reduction of about 9.5%. Additionally, Scope 2 emissions are targeted to drop from 91.88 kg CO2e in 2022 to 83.74 kg CO2e in 2023, representing an 8.5% reduction. The company has also focused on emissions intensity, aiming to reduce it from 0.2 to 0.11 metric tons of CO2e per GWh produced, which equates to a 45% decrease. Overall, Israel Corporation Ltd is actively working towards reducing its carbon footprint through specific targets across various scopes, demonstrating a commitment to sustainability and climate responsibility.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 42,000 | 00,000 | 00,000 |
| Scope 2 | 10,000 | 00,000 | 00,000 |
| Scope 3 | 85,000 | 00,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Israel Corporation Ltd is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
